Showing posts from March, 2024

IB Net Payout Yields Model

Rumble: Don't Chase TikTok Hype

Update - Mar. 27, 2024 Rumble reported another in Q4'23. All of the new content isn't turning into usage growth. The stock likely falls back to $5. -GAAP EPS of -$0.14 beats by $0.08. - Rev. of $20.4M (+2.2% YoY) misses by $7.7M. -Avg. Minutes Watched Per Month were 10.5B, compared to 10.7B in Q3'23. Original article posted on March 13  Rumble Inc. surged after announcing a potential partnership with ByteDance for a cloud service, but the likelihood of such a partnership is low. The focus should be on Rumble's Q4 2023 results and its partnership with Barstool Sports, rather than the TikTok deal. Rumble has the potential for significant growth in 2024, especially with a focus on political content and the 2024 Presidential election. Rumble Inc.  ( NASDAQ: RUM ) has been on a tear since announcing a partnership with Barstool Sports back in January. The video platform has longed announced big content partnerships, but the company has paid aggressively to acquire talent,

Celsius: Only Getting Started

Update - Mar. 27, 2024 Celsius is now down nearly 8% on the day on news of new incentives for PepsiCo (PEP) to do their job. No details were released.  Celsius Holdings  added an amendment to the distribution agreement inked with PepsiCo  in 2022. The change will provide PepsiCo with an incentive program designed to incentivize and compensate it for its continued  focus on and actions to support the sale of Celsius'  licensed products. The amendment will boost PepsiCo's  average targeted margin on the sale of most licensed products. The amendment also covers products sold through promotional activity. Specific terms were undisclosed by the parties due to competitive reasons. Update - Feb. 29, 2024 Prior to the market open, Celsius reported another strong quarter. The energy drink company again smashed sales estimates and grew by nearly 95%. The stock has surged to new ATHs in no surprise considering the prime EV/S multiple nearly matched the one for Monster Beverage (MNST) wit

SoundHound: Too Much AI Hype Heading Into Q4 Earnings (Rating Downgrade)

Update - March 14, 2024 SoundHound AI continues to surge despite reporting a disappointing Q4'23 and guiding to disappointing numbers for 2024 and 2025 as follows:  2024 - $70M 2025 - $100M The stock has surged to a $3 billion market cap for no logical reason.  Original article posted Feb. 27  SoftBank and Nvidia have made small investments in SoundHound AI, bringing attention to the company and causing its stock to soar. The voice AI company is entering Q4 '23 earnings with high expectations, but needs to prove its ability to execute the business plan. SOUN stock has soared above $7, pushing the market cap to nearly $2 billion for a company with 2024 consensus sales targets of only $69 million. SoundHound AI, Inc.  ( NASDAQ: SOUN ) is one of the prime go to artificial intelligence ("AI") stocks to play the volatile AI boom. The company is more than just a company with "AI" in the name, but the voice AI stock probably  doesn't warrant the recent massive

Innoviz Technologies: Ready To Fly

  Innoviz Technologies reported a blockbuster quarter with revenues surging 846%. The Lidar company made strong progress with key customers BMW and Volkswagen and grew a massive order book. The stock has a minimal market cap for the opportunity ahead while the company has reduced costs to limit cash burn. Last week,  Innoviz Technologies  ( NASDAQ: INVZ ) confirmed the company is moving full speed ahead with Lidar sensors entering production deals for the automotive market. The market just ignored the stellar growth and clear signs the company has exited  the pre-revenue phase. My  investment thesis  remains ultra-Bullish on the Lidar stock, which is still trading near the all-time lows. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details.